Research on the Development of Industrial Parks in China and Suggestions for Future Policies

Based on the former research into industrial parks at home and abroad, in this paper, we define the concept of industrial parks, and classify some of the existing industrial parks in China into different types. With the classical economics theory, we analyze and explain the intrinsic economic motivation for the formation of the industry parks. Further study shows that the development of industrial parks in China can be divided into four stages, and then we present the current status of the development of two typical kinds of industrial parks in China. Finally, conclusions are drawn, and policy suggestions to enhance the competitiveness of industrial parks in the future are given.

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